Sabre Corporation (NASDAQ:SABR – Get Free Report) shares reached a new 52-week high during trading on Friday . The company traded as high as $2.2950 and last traded at $2.2050, with a volume of 422404 shares changing hands. The stock had previously closed at $2.24.
Key Stories Impacting Sabre
Here are the key news stories impacting Sabre this week:
- Positive Sentiment: Revenue exceeded expectations: Second-quarter revenue was $711.96 million, above analysts’ $697.40 million estimate. Sabre: Q2 Earnings Snapshot
- Positive Sentiment: Air distribution bookings beat forecasts: Sabre said air distribution bookings surpassed second-quarter expectations, signaling resilient travel demand and supporting its core distribution business. Sabre’s air distribution bookings surpass Q2 expectations
- Positive Sentiment: Constructive profitability outlook: Management anticipates approximately $600 million in 2026 pro forma adjusted EBITDA, providing investors with a clearer earnings target and potential support for the stock’s recent strength. Sabre anticipates approximately $600 million 2026 pro forma adjusted EBITDA
- Neutral Sentiment: AI spending is increasing: Sabre plans to invest more in artificial intelligence, which could improve products and long-term competitiveness but may weigh on near-term expenses and cash flow. Sabre increases AI investment
- Negative Sentiment: EPS missed estimates significantly: Sabre reported a second-quarter loss of $0.17 per share, compared with the consensus estimate of a $0.07 loss and a $0.02 loss a year earlier. The earnings shortfall is likely limiting the stock’s upside despite the revenue and booking beats. Sabre reports Q2 loss and beats revenue estimates
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings raised Sabre from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 2nd. Five equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $1.97.
Sabre Stock Performance
The company’s 50-day moving average price is $1.86 and its 200 day moving average price is $1.62. The stock has a market capitalization of $836.08 million, a PE ratio of 1.93 and a beta of 0.97.
Sabre (NASDAQ:SABR – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The information technology services provider reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.13). The company had revenue of $711.96 million for the quarter, compared to the consensus estimate of $697.40 million. Analysts expect that Sabre Corporation will post -0.13 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in SABR. DGS Capital Management LLC purchased a new position in shares of Sabre in the 1st quarter valued at approximately $25,000. Wealthspire Retirement LLC purchased a new stake in Sabre in the first quarter worth $25,000. Diligent Investors LLC purchased a new stake in Sabre in the third quarter worth $35,000. Oak Thistle LLC bought a new position in Sabre in the fourth quarter worth $27,000. Finally, Caitong International Asset Management Co. Ltd raised its holdings in Sabre by 970.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 24,665 shares of the information technology services provider’s stock worth $45,000 after purchasing an additional 22,361 shares in the last quarter. Hedge funds and other institutional investors own 89.42% of the company’s stock.
About Sabre
Sabre Corporation is a leading travel technology company that provides software, data, mobile and distribution solutions to the global travel industry. Through its Sabre travel marketplace, the company operates one of the world’s principal global distribution systems (GDS), connecting travel buyers and suppliers across airlines, hotels, car rental companies and other travel providers. Sabre’s suite of products includes reservation and ticketing systems for travel agencies, comprehensive airline operations and passenger services solutions, as well as hospitality property management and central reservation systems for hotels.
Established in 1960 as a joint venture between American Airlines and IBM, Sabre introduced one of the first computerized airline reservation systems, pioneering the automation of ticketing and inventory control.
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